Deacero to dispute AD duties on its wire rod exports imposed by the US

Monday, 04 May 2015 01:07:21 (GMT+3)   |  
       

Mexican long steel producer Deacero is preparing to dispute an anti-dumping (AD) measure applied by the US government on Mexican wire rod exports, according to media reports.

Deacero reportedly expects the AD margins for some of its wire rod products to decline to 1 percent from the current 12 percent when the US Department of Commerce determines the final margin.

Media reports say Deacero has invested to produce wire rod and rebar as a way to expand its product’s portfolio. It also aimed to support the US steel market with better efficiency, profitable practices starting from a smaller size of wire rod, reports said.

The wire rod product in dispute is that with 4.75 mm produced by Deacero, reports said, and the order is expected to be revised on May 8.


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